Iran | Egypt Oil & Gas - Part 40
Siemens Supplies 12 Compressor Trains to Iran
Siemens has been awarded a contract by Hampa Engineering to supply 12 compressor trains for two onshore natural gas processing plants in Iran.
Iran Strikes a Deal with Austrian Major Oil Company
Austria's OMV has signed a preliminary agreement with Iran's Dana Energy Co for collaboration in upstream oil and gas exploration/production sector.
Iran Denies Possessing Seaborne Oil Stockpile
Iran has no stockpile of crude oil at sea and its floating gas condensates have all been sold, according to the Iranian Oil Terminals Company’s (IOTC) Managing Director, Seyyed Pirouz Mousavi.
Global Insurers to Cover Iranian Oil Cargoes
Global shipping insurers have devised a way to ensure nearly full coverage for Iranian oil exports from Feburary after striking a deal to provide cover without involving US-domiciled reinsurers.
Iran Earned $41b in Oil Revenues
Iran’s oil and condensate revenues are expected to reach $41b in the country’s current fiscal year ending on 20 March 2017.
Sri Lanka to Buy Iranian Oil
Sri Lanka is interested in purchasing oil and related products from the Islamic Republic of Iran, after resolving the outstanding financial issues between the two countries pertaining to previous purchases.
Iran to Approve New List of Bidders
National Iranian Oil Company (NIOC) will reveal a second list of international companies approved to bid in the country’s oil and gas tenders.
China to Loan $1.3b to Iranian Refinery
China has opened a line of credit, worth $1.3b, to finance the development of Abadan Oil Refinery, Iran’s oldest refinery in the southern Khuzestan Province.
